NMI Holdings (NMIH) Free Cash Flow (2012 - 2026)
NMI Holdings (NMIH) posted quarterly Free Cash Flow of $140.2 million for Q2 2026, up 10.69% year-over-year from $126.7 million in Q2 2025, and up 21.97% on a QoQ basis from $115.0 million in Q1 2026.
NMI Holdings (NMIH) Free Cash Flow (2012 - 2026) Analysis & Trends
NMI Holdings has reported Free Cash Flow for 15 years, with the latest figure at $140.2 million in Q2 2026.
- Free Cash Flow for Q2 2026 came in at $140.2 million, up 10.69% year-over-year; the trailing twelve-month figure through Jun 2026 was $441.6 million (up 13.96% YoY), and the FY2025 annual result was $412.5 million, up 6.68% from the prior year.
- Free Cash Flow advanced to $140.2 million in Q2 2026, from $115.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $140.2 million in Q2 2026 and troughed at $28.6 million in Q4 2023.
- A 5-year average of $93.9 million and a median of $102.4 million in 2022 frame the typical range for Free Cash Flow.
- The widest annual swing landed in 2022, when Free Cash Flow retreated 29.68%; it then jumped 74.57% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $29.0 million in 2022, then retreated by 1.15% to $28.6 million in 2023, then gained by 20.18% to $34.4 million in 2024, then jumped by 74.57% to $60.1 million in 2025, then surged by 133.38% to $140.2 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $140.2 million in Q2 2026, $115.0 million in Q1 2026, and $60.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 1.84 Bn |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 317.40 Mn |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | 617.37 Mn |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 118.51 Mn |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 184.49 Mn |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 196.12 Mn |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | 275.86 Mn |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 342.71 Mn |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 140.25 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 40.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 140.25 Mn |
| Jun 30, 2026 | 140.25 Mn |
| Mar 31, 2026 | 114.99 Mn |
| Mar 31, 2026 | 114.99 Mn |
| Dec 31, 2025 | 60.10 Mn |
| Dec 31, 2025 | 60.10 Mn |
| Sep 30, 2025 | 126.27 Mn |
| Sep 30, 2025 | 126.27 Mn |
| Jun 30, 2025 | 126.71 Mn |
| Jun 30, 2025 | 126.71 Mn |
| Mar 31, 2025 | 99.45 Mn |
| Mar 31, 2025 | 99.45 Mn |
| Dec 31, 2024 | 34.42 Mn |
| Dec 31, 2024 | 34.42 Mn |
| Sep 30, 2024 | 126.94 Mn |
| Sep 30, 2024 | 126.94 Mn |
| Jun 30, 2024 | 115.95 Mn |
| Jun 30, 2024 | 115.95 Mn |
| Mar 31, 2024 | 109.39 Mn |
| Mar 31, 2024 | 109.39 Mn |